Epic’s Metaverse Project Raised Billions of Dollars

A large amount of funding has been provided by Epic for use in metaverse projects under development. The investment reportedly came from the founders of Lego and Sony.

Not long ago, the famous game company Epic and Lego collaborated to create a metaverse platform. partnership established; of the platform, of which not much details are given. ‘family friend’ was stated to be. Accordingly, both companies assured that the safety of children would be protected on the platform and stated that parents would have control over the platform.

Now for Epic’s plans to build a metaverse platform. large amount of funds reportedly provided. The source of billions of dollars worth of funds is the one who previously invested in Epic. Sony and run by the Kirk Kristansen family, the founder of Lego KIRKBI was recorded.

Billions of dollars invested in Epic’s metaverse project

Epic advances its vision of building the metaverse and supports its continued growth. $2 billion announced that it has secured funding. In the press release on the subject, it was stated that Sony and KIRKBI each invested 1 billion dollars in the project.

While Epic stands out as one of the biggest advocates of the idea of ​​creating a virtual world through platforms such as Fortnite and Unreal Engine; Sony also bought Destiny’s developer Bungie earlier this year and made an ambitious entry into the virtual world concept. In a statement related to the subject, Epic CEO Tim Sweeney if “This investment is building the metaverse and creating spaces where players can have fun with friends, brands can create creative and immersive experiences, and creators can build a community and thrive. our work will accelerateused the phrases.

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With virtual concerts by famous artists and virtual events with the participation of professional athletes and popular Marvel characters, Fortnite has turned into a virtual universe we have now. nearest platform is noteworthy. Epic’s future metaverse projects and what kind of more advanced ‘virtual universes’ we will come across continue to be a matter of great curiosity.

Source :
https://www.theverge.com/2022/4/11/23020134/epic-2-billion-funding-metaverse-sony-lego


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